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Gold Spot / U.S. Dollar
Long
Jan 13, 2017
Back to top of channel, 1220+
6
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Overnight, we had descending wedge on 15 min. There were 3 key buy signals:
1. wedge broke with closing price above trendline
2. RSI divergence confirmation (price 3 lower lows, rsi 3 higher lows and a higher high as confirmation circled)
3. stoch cross and bounce from oversold - circled
Invalidate this call with move below channel - currently 1192
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